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Last updated on Wednesday, September 08, 2010
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We focus on providing quality 1031 exchange replacement properties and traditional
triple net & multi tenant retail, industrial, office, and shopping center
investments nationally.
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BLOCKBUSTER Corp Sale Leaseback
Rock Hill (Charlotte), SC
Bldg Size: 6,400 sq. ft.
Land: 1.38 acres
Lease Type: Single Tenant NNN
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Price: $548,000
Yield: 10.5 (CAP)
Expiration Date: 9/30/2020
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Priced Well Below Replacement Cost
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Brand New, Absolute NNN, 10-Year Corporate Sale-Leaseback with BLOCKBUSTER Inc. (NYSE: BBI)
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BLOCKBUSTER Inc.: 6,000+ Stores Worldwide | Revenues $4.6+ Billion in January 2010
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Strategically Located Along Cherry Rd. (Hwy. 322 - Traffic: 28,500+ Cars/Day) | Adjacent to Sullivan Middle School
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Outparcel to Neighborhood Shopping Center | Tenants Include: Compare Foods, Dollar General, CiCi’s Pizza
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Other Tenants in Immediate Area Include: KMART, BI-LO, Big Lots, Office Depot, Chick-Fil-A, Bank of America
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Rock Hill is Located 25-Miles South of Charlotte & is the 4th Largest City in the State of South Carolina
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Average HH Income (1-Mile Radius): $64,590 2009 US Census
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Charlotte MSA is the 2nd Largest Banking Hub Behind NYC & 4th Largest Manufacturing Region in the US
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| Copyright (c) 2009 EXP Realty Advisors, Inc. All Rights Reserved |
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